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Headline News

UOA Development profit falls to RM491.18m

2018-02-21 themalaymailonline
KUALA LUMPUR, Feb 21 — UOA Development Bhd's net profit for the financial year ended Dec 31, 2017 (FY17) fell to RM491.18 million from RM676.72 million registered in 2016. (4-0)

Malaysia’s top 40 richest people

LAST year was dotted by the return of higher commodity prices and better economic growth. The world’s economies on average are back in business as growth rates and trade have started to improve once again after some period of uncertainty caused by a cooling China economy and also the slump in global crude oil prices. (145-1)

SC: Only 7of top 100 listed companies have all-male board members

The SC said in a statement that the seven remaining companies were Affin Holdings Bhd, Alliance Bank Bhd, Batu Kawan Bhd, Fraser & Neave Holdings Bhd, Genting Plantations Bhd, Genting Malaysia Bhd and UOA Development Bhd. Currently, the SC and the 30% Club Malaysia have been actively engaging the companies. (15-0)

All-male board only in seven top firms, SC says as women power up in 2018

2018-01-21 themalaymailonline
A study by Khazanah Research Institute found that Malaysia ranked 106 out of 144 in the region in terms of women participating in the workforce. — Reuters picKUALA LUMPUR, Jan 21 — The lipstick squad is off to a great start this year with the Securities Commission (SC) announcing today that there are only seven public- listed companies in the top 100 nationwide that still have an all-male boardroom. (13-0)

Breakfast briefing: Friday, November 24

MarketWatch: The biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run. The near 3% drop in China reflected its recent bond markets worries, adding to a subdued mood in Europe where, with trading constrained by the Thanksgiving holiday in the United States, the main bourses opened in the red for the 10th day in the last 13. - Reuters (74-0)

Trading ideas: IJM, Gabungan AQRS, Hock Seng Lee, Sime Darby

KUALA lUMPUR: IJM Corp Bhd , Gabungan AQRS Bhd , Hock Seng Lee and Sime Darby are among the stocks to watch on Wednesday, according to JF Apex Research. (7-0)

UOA Q3 pre-tax profit rises to RM141.4m

2017-11-21 themalaymailonline
KUALA LUMPUR, Nov 21 — UOA Development Bhd’s pre-tax profit for the third quarter (Q3) ended Sept 30, 2017 rose to RM141.48 million from RM138.87 million in the corresponding quarter a year ago. (4-0)

Apartments that redefine affordability

PROPERTY developer UOA Group has introduced a stunning addition to its notable creations in Bangsar South, Kuala Lumpur – the South Link Lifestyle Apartments.

KLCI starts off on weaker note, blue chips weigh

2017-04-04 theedgemarkets
KUALA LUMPUR (April 4): The FBM KLCI started off on a weaker note note in early trade this morning, weighed by losses at index-linked blue chips.

Breakfast briefing: Thursday, February 23

MarketWrap: The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve's last meeting kept alive a potential near-term interest rate hike, while DuPont shares helped the Dow close at an all-time high for a ninth straight session. - Reuters The DJIA rose 32.6 points, or 0.16%, to 20,775.6, the S&P 500 lost 2.56 points, or 0.11%, to 2,362.82 and the Nasdaq dropped 5.

UOA Development net profit goes up 211% to RM346mil

The company said in a press release that revenue was attributed mainly to progressive recognition from the sales of on-going development projects namely Southbank Residence, South View Serviced Apartments, United Point Residence, The Vertical Business Suites and Desa Sentul.

KLCI charges closer to key 1,700 level early Friday

The KLCI opened up 11.23 points or 0.67% at 1,699.73.  However, at 9.12am, the KLCI eased slightly with gains of 8.66 points or 0.51% to 1,697.16. Turnover was 227.18 million shares valued at RM104.57mil. There were 267 gainers, 87 losers and 248 counters unchanged.

Trump inauguration keeps markets on tenterhooks

2017-01-20 theedgemarkets
KUALA LUMPUR (Jan 20): The FBM KLCI retreated in early trade this morning in line with nervy regional market ahead of the swearing in of Donald Trump as President of the United States of America later today.

KLCI dips in early trade, banks weigh

2017-01-16 theedgemarkets
KUALA LUMPUR (Jan 16): The FBM KLCI opened lower this morning in line with the hesitant regional markets, weighed by index-linked banking stocks.